10 Places To Retire and Pay Way Less In Taxes
10. Uruguay
Uruguay is very stable country, with all of the modern touches that you are used to. This tropical country has no taxation of retirement funds, but workers will pay 30%. All you need to become a permanent resident is a $500 monthly pension. And you’ll get to keep your U.S passport when you get a new one from this country.
For as little as $1,000 you can have a very nice life in Uruguay. The country offers great internet and phone services, good infrastructure and a great quality of life. If you are considering retiring in a warm country, why not choose Uruguay?
Excited to make a move? There’s no reason to compromise your quality of life or pay taxes when you retire. While there are thousands of options, we think these 10 can offer you a perfect setting to enjoy your retirement – without the burden of tax!